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Sunday, May 26, 2013
Oil rises on falling dollar
(Photo: Julien Tromeur, Flickr)NEW YORK — The price of oil rose Monday, taking its cue from the stock market and the dollar.
Benchmark oil for June delivery gained 69 cents to close at $96.71 a barrel on the New York Mercantile Exchange.
Oil moved higher as U.S. stock markets reversed early losses around midday. Although stocks slipped in the afternoon, a weak dollar propped up oil prices.
Since oil is traded in dollars, a weaker dollar makes crude and other commodities more appealing to investors holding other currencies. The euro rose to 1.2897 from $1.2829 Friday. The dollar fell to 102.29 yen from 103.18 Friday.
Traders will watch economic reports later in the week for clues about the health of the world’s two biggest economies. The U.S. government will release home sales and durable goods orders for April and HSBC will release its monthly survey on China’s manufacturing growth.
Analysts are also awaiting testimony Wednesday from Federal Reserve Chairman Ben Bernanke. Of special interest are any possible hints that the Fed might be preparing to scale back its loose monetary policy because recent data has pointed toward a sustained economic recovery.
At the pump, the average price for a gallon of gas is at $3.65 for the first time since late March. Unplanned refinery downtime in the Midwest has caused supply shortages and sent gas prices soaring in Minnesota, North Dakota and a few other states.
The average price in Minnesota is $4.275, up from $3.44 a month ago. The average is North Dakota is $4.23, compared with $3.78 just a week earlier.
In Houston Monday, the average was $3.419 a gallon, up from $3.418 Sunday.
Brent crude, a benchmark for many international oil varieties, rose 16 cents to $104.80 a barrel on the ICE Futures exchange in London.
In other energy futures trading on Nymex:
— Wholesale gasoline was flat at $2.91 a gallon.
— Heating oil rose 1 cent to $2.95 a gallon.
— Natural gas gained 4 cents to $4.09 per 1,000 cubic feet.
CNC MACHINIST/PROGRAMMER (OC/LA BORDER)
Important !!! To apply for this position, type the word "OPPORTUNITY" into the subject line of your email response AND include your resume as an attachment. Do not paste your resume on to the email. Posting ID: 3604523399
Posted: 2013-02-08, 10:20PM PSTEdited: 2013-02-08, 10:20PM PSTemail to a friendFeds again delay San Onofre nuke restart decision
This Sept. 13, 2012 photo shows the San Onofre nuclear power plant along Pacific Ocean coastline in San Onofre, Calif. The operator of California's troubled San Onofre nuclear power plant on Thursday Oct. 4,2012 proposed to restart one of the plant's twin reactors, more than eight months after the seaside plant was shut down following a break in a tube carrying radioactive water. (AP Photo/Gregory Bull)By Michael R. Blood
Associated Press
LOS ANGELES (AP) — Federal regulators have indefinitely delayed a decision on the proposed restart of the shuttered San Onofre nuclear power plant in California, raising new questions Monday about whether the twin reactors will produce electricity again.
The seaside plant between San Diego and Los Angeles has been dark since January 2012, after a small radiation leak led to the discovery of unusual damage to hundreds of tubes that carry radioactive water.
Operator Southern California Edison wants permission to restart the Unit 2 reactor and run it at reduced power in hopes of stopping vibration and friction that was blamed for damaging tubing.
Power crunch: Feds predict Texas will get hot, Texans will run ACs
The Nuclear Regulatory Commission delayed several earlier target dates for a ruling. Its website on Monday listed no date for a restart decision — only “to be determined.”
Agency spokesman Victor Dricks had no comment.
Last week, the NRC’s Atomic Safety and Licensing Board sided with environmentalists who have called for lengthy hearings on the restart plan, concluding that firing up the plant would allow Edison “to operate beyond the scope of its existing license.”
Edison had no immediate comment.
Last month, SCE’s parent, Edison International, raised the possibility of retiring the plant if it can’t get one reactor running later this year. The company also disclosed that costs tied to the long-running shutdown had hit $553 million.
Edison is facing a tangle of regulatory obstacles that include a separate state investigation into who should pay for the trouble — customers or shareholders.
Meanwhile, anti-nuclear activists and some lawmakers have said restarting the plant would lead to a disaster.
Friends of the Earth, an advocacy group challenging the restart, believes no decision can be made “until all the safety issues raised by the board are addressed,” spokesman Shaun Burnie said in an email.
Even with San Onofre sidelined, state power officials predict that there should be adequate power supplies in California this summer, but heat waves or wildfires that damage transmission lines could lead to potential shortages.
San Onofre is owned by SCE, San Diego Gas & Electric and the city of Riverside.
Experienced Dog Sitters Needed (L.A. - Beverly Hills)
***Rover gives back to SoCal animal shelters! Rover members can pledge to donate a small portion of their sitter profits to spcaLA, Found Animals, or to the animal shelter of their choice. To do this, just select "Your Profile", then "Donation Pledges" (after creating your Rover profile). Once you do this, your Rover profile will include a Donation Badge and improved exposure to dog owners on our site. Posting ID: 3604426176
Posted: 2013-02-08, 8:48PM PSTEdited: 2013-02-08, 8:48PM PSTemail to a friendOffshore Rig Clerk - Clover Global Solutions LP - Houston, TX
The Offshore Rig Clerk is accountable for performing logistical, procurement, accounting and clerical duties as directed by the Well Site Leader.
Essential duties and responsibilities include the following. Other duties may be assigned :
* Coordinates the logistics of material and equipment for rig and production operations.
* Communicates with the Well Site Leader on status of logistics coordination.
* Adheres to all federal and state regulatory requirements associated with the shipping of hazardous material
* Ensures all data including the daily cost are entered in to Open Wells for daily report submission.
* Manages field tickets received from vendors and ensures proper AFE and paykey numbers are used.
Interacts with company employees, contractors and outside vendors including :
* Offshore team including rig and production personnel
* Third party suppliers and contractors
* Logistics and Shorebase personnel
* Drilling and completion engineers
* D&C Technologist
* Cost Analyst
* HSSE Advisor
* Supply Chain Management Any Other Relevant Information
Requirements
*High school diploma or equivalent, with previous experience as an Offshore Rig Clerk, preferably in deepwater operations.
*A total commitment to working safely and participating in all HSSE programs.
* English language skills, both written and verbal.
* Excellent communication and teamwork skills.
* Excellent computer skills including Microsoft Word and Excel and Open Wells.
* Must be a proactive self-starter and have ability to work with a minimum of supervision.
* Must be able to analyze problems encountered during work activity and recommend solutions.
* Must be able to manage time effectively to complete daily assignments.
Position requires working a 14/14 rotation and requires helicopter travel to and from the offshore facility. Travel to the offshore facility requires a TWIC card.
Experience
6+ years
Languages Needed
English
Microsoft Outlook Mac Restoration / Rebuild (Beverly Hills)
Posting ID: 3604605526Posted: 2013-02-09, 12:07AM PSTEdited: 2013-02-09, 12:07AM PSTemail to a friend
US prosecutors weigh case for charging SAC
A criminal case against the hedge fund would likely mean it would no longer manage money for outside investors
Read more from Financial Times
We need help - looking for skilled individuals, GC and subs (All over southern Californai)
Reply to: mn5rp-3604578668@job.craigslist.org [?]
Offshore Rig Clerk - White's Dispatching Service, Inc. - United States
White's Dispatching Service has been providing top quality property and logistics management for over 30 years. We provide shore base dispatchers, clerks and security gate attendants. WDS is dedicated to delivering quality, trained personnel to our clients. We hire professional team players that go the extra mile for our clients. We at WDS stand by a simple saying, ''NO EXCUSES, JUST A JOB WELL DONE''. Please provide professional references.
We are currently taking resumes for domestic projects.
We are currently taking resumes for domestic projects.
Responsibilities:
Support day-to-day offshore operations, maintenance, and project activity Manage the scale, pace and complexity of field operations that will be required to support case hole operations Ensure that offshore contractors are in receipt of sufficient information to be able to check that contractors can advise of shortfalls in sufficient time to implement corrective action Develop good working relationships with contracted freight and shipping agencies Develop and maintain personnel offshore mob/demob matrices Verify contractors' personnel training status with regard to be permitted to travel offshore Ensure a fully auditable reconciliation can be provided at project completion covering both Company and Contractor supply items Work with others to ensure a safe, reliable and efficient execution of all material and personnel movements Essentials:
Safe Gulf, HUET,TWIC required Marine and Aviation experience involving the movement of goods and personnel. Knowledge of offshore drilling activity, specifically on drill ships/floaters, jack ups and inland barges. Knowledge of WellView 9.0 and MS Office products required. Relevant work experience in the Oil & Gas industry, particularly drilling and completion, production and logistics management. Strong interpersonal skills Eligible to work for any employer in the United States without visa sponsorship Required to take pre-job drug test. Primary language is English. * Please include a complete list of certifications with expiration date. Also include date of availability.
Applicant Requirements: In order to apply for this position, applicants MUST meet the following criteria. If your resume does not match these criteria, you will not be able to apply for this position.
Location: North America
Rigzone.com - 3 days ago - save job - block
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